Benefit Admin

• Accrual Formulas and Tracking
• Time off requests and approval, team calendaring with Outlook and Google Sync
• Imputed income tracking
• Employee Benefit Tracking tied to employee deductions and history
• Benefit Updates with Plan Summary and Detail Info
• Online Benefit Enrollment
• Executive Dashboard
• Employee Compensation Statements
• ACA Eligibility and Headcount Management
• ACA Reporting and Tracking
• Benefit Evaluation Utilities and Reconciliation Tools

• Carrier Connectivity

To avoid the need for double data entry, directly submit employee benefit enrollments and changes to your plan carriers electronically when all changes are made by you or the employees in isolved.

• Retirement Plan Submission Services

Tired of submitting your 401k or other retirement plan manually through spreadsheets or your recordkeeper’s online form? Let Commonwealth do it for you quickly and automatically.

• ACA Compliance Toolkit

For companies with over 50 Full Time Equivalent employees, tracking eligibility for health insurance under the ACA and reporting on it at year end can be tricky without the right tools in place.

• Plan Billing Reconciliation

Many employers require regular reconciliation of their benefit plan billing vs actual enrollment records. Using isolved, Commonwealth can do this for you.